Oval X vs Kwakol Markets

Oval X vs Kwakol Markets Comparison Table 2023
Oval X Kwakol Markets
1.8
Oval X carry an insolvency risk at present. There have been substantial cost-cutting measures and talks are ongoing regarding possible mergers or asset sales. While the company stresses "business as usual" we cannot advise funds are deposited with Oval X as things stand.
2.4

Kwakol Markets is #5 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Oval X are a London based, FCA regulated broker offering tight spreads across a wide range of markets. They offer professional client services for eligible pro clients, and free guaranteed stops on the TraderPro platform. Trade the most popular 250 share CFDs with zero commission.

Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.

Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Full range of investments
Awards
  • Best Broker Africa 2022 - UF Awards
  • Most Trusted Broker Nigeria 2022 - UF Awards
  • Best Emerging Broker 2022 - - UF Awards
Instruments
Stocks, Spreadbetting, CFD, Forex, Crypto CFDs, Stocks, Indices, Commodities, Forex, Cryptos
Demo Account
Yes Yes
Minimum Deposit
£250 $1
Payment Methods
Minimum Trade
£1 0.01 Lots
Regulator
FCA, CySec ASIC, FINTRAC
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS and Android iOS & Android
Auto Trading
EAs
Copy Trading
No Yes
Copy Trading Platform
Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. Clients only pay a fee on profitable trades.
Social Trading
No No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with high leverage and spreads from 0.0 pips on premium accounts.
Leverage
1:30 1:1000
FTSE Spread
1 pt From 0.8 pips (Standard Account)
GBPUSD Spread<
0.9 From 0.8 pips (Standard Account)
Oil Spread
0.06 pips From 0.8 pips (Standard Account)
Stocks Spread
From 0.5% From 0.8 pips (Standard Account)
Forex Trading
Trade forex with ECN executions and tight spreads.
GBPUSD Spread
0.9 From 0.8 pips (Standard Account)
EURUSD Spread
0.6 From 0.8 pips (Standard Account)
EURGBP Spread
0.9 From 0.8 pips (Standard Account)
Assets
65+ 100
Cryptocurrency
Trade 5 Cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50% Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold.
Spread
BTC Market Spread + 10, ETH Market spread + 8 From 0.8 pips (Standard Account)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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